Wednesday, December 17, 2014

Federal Reserve

The fall of Russia's ruble parallels the fall of oil prices, showing fiat currently tends to track tax receipts. So US record US tax receipts are keeping the dollar afloat. I don't think it's the simple. The dollar rose in value during the last crash even though tax receipts fell.

Russians clearing shelves before prices go up.

Price of ground beef hits record high.

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